FilingsForm 4
Roblox Chief Legal Officer sold $4.23 million of shares in May 2025
Value$4.23 million
Shares50,000
Average price$84.6405
FiledMay 29
Roblox Chief Legal Officer and Corporate Secretary Mark Reinstra sold 50,000 shares for $4.23 million on May 27, 2025. The average price was $84.64 a share, and a footnote says the transactions were made under a Rule 10b5-1 plan (a trading plan set up in advance) that Reinstra adopted on Feb 20, 2025. The form says the 50,000 shares sold were acquired that day by exercising a stock option, and it states 389,489 Class A shares held directly after the sale. The Form 4, the form an insider files after trading the company's shares, was filed on May 29, 2025 and is on SEC EDGAR.1,2,3,4,5,6,7,8,9,10,11,12
How each figure was checked
- the reporting owner as filedMark Reinstra
- the name as signedMark Reinstra
- the reporting owner's role at Robloxofficer (Chief Legal Off. & Corp. Sec.)
- the side of the tradesale
- the shares sold50,000
- the value of the sale$4.23 million
- the date of the tradeMay 27, 2025
- the average price per share$84.64
- footnote F2: the transactions were made under a Rule 10b5-1 plan adopted on this dateFebruary 20, 2025Footnotes of the Form 4 filed May 29, 2025 ↗
- the exercise line: 50,000 shares acquired on the date of the saleexercise of a derivative security (code M): 50,000 shares acquired on May 27, 2025 at $3.405 per share; held directly; 439,489 owned after the line
- the shares the form states after the last sale lineafter the last sale line the form states 389489 shares of Class A Common Stock held directly
- the day the Form 4 was filedMay 29, 2025
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The record
- Issuer
- Roblox (CIK 1315098, filed as Roblox Corp)
- Form
- 4
- Accession
- 0001315098-25-000161
- Filed
- May 29, 2025
- Period of report
- May 27, 2025
- Reporting owner
- Mark Reinstra (CIK 1835037, filed as Reinstra Mark)
- Relationship
- officer (Chief Legal Off. & Corp. Sec.)
- Rule 10b5-1 checkbox
- Ticked
- Line 1
- M (exercise of a derivative security) · 50,000 Class A Common Stock at $3.405 · May 27, 2025 · acquired, directly · 439,489 held after · footnote F1
- Line 2
- S (sale) · 50,000 Class A Common Stock at $84.6405 · May 27, 2025 · disposed, directly · 389,489 held after · footnotes F1, F2 and F3
- Derivative line 1
- M (exercise of a derivative security) · 50,000 Stock Option (Right to Buy) at $0.00 · May 27, 2025 · disposed, directly · 181,528 held after · footnote F9
- Footnote F1
- A portion of these securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- Footnote F2
- The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on February 20, 2025.
- Footnote F3
- The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $84.50 to $84.78, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Footnote F4
- These shares are held directly by the San Domenico Trust dated August 12, 1999 for which the reporting person serves as trustee. The Reporting Person may be deemed to have beneficial ownership over the securities held by the trust.
- Footnote F5
- These shares are held directly by the Mark L. Reinstra 2023 Annuity Trust for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
- Footnote F6
- These shares are held directly by the Mark L. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
- Footnote F7
- These shares are held directly by the Susan P. Reinstra 2023 Annuity Trust for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
- Footnote F8
- These shares are held directly by the Susan P. Reinstra 2022 Annuity Trust for which the Reporting Person serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Annuity Trust.
- Footnote F9
- All of the shares subject to the option are fully vested and exercisable as of the date hereof.
Insider purchases and sales of Roblox shares, 12 months
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About Roblox
Roblox page →Revenue$4.89 billionYear to Dec 31, 2025 · +35.77% year over year
Operating income−$1.23 billionYear to Dec 31, 2025 · −15.9% year over year
Net income−$1.07 billionYear to Dec 31, 2025 · −13.86% year over year
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